Master of Science in Economics / Economic Policy Analysis
A research-oriented Master’s programme focusing on empirical and theoretical economic policy analysis with a strong quantitative and international approach.
Best for:Best for economics graduates with a strong quantitative background seeking a research-focused Master’s degree in policy analysis, empirical methods, and theoretical economics.
Overview
This Master of Science programme at Otto von Guericke University Magdeburg, in collaboration with the IWH – Halle Institute for Economic Research, offers a rigorous, policy-oriented education in economics. Students develop advanced analytical and empirical research skills to address complex economic issues, including trade, environmental policy, labour markets, and social policy. The curriculum blends theoretical models, quantitative methods, and behavioural economics, preparing graduates for careers in public policy, research institutions, and international organisations. The programme is designed for a multinational student body and emphasises independent research, culminating in a Master’s thesis. It also provides opportunities for international collaboration and study abroad through partnerships with European universities.
What you'll do
- Conduct independent research on economic policy issues using advanced empirical methods and theoretical models.
- Develop and apply quantitative techniques, including econometrics, statistics, and computational tools, to analyse economic data.
- Participate in seminars and workshops where students present academic papers and discuss policy-relevant research topics.
- Write and defend a Master’s thesis demonstrating the ability to conduct original research in economics.
- Engage in interdisciplinary collaboration, including international projects and partnerships with European universities.
- Develop skills in evidence-based policy analysis to inform decision-making in public and private sectors.
- Attend lectures, tutorials, and seminars to learn theoretical and applied concepts in economics.
- Work independently on academic projects, including data analysis, literature reviews, and policy recommendations.
Requirements
Degree required: Bachelor’s degree in Economics, Business Administration, or a related quantitative field from a recognised university, with a minimum of 60 ECTS credits in economics, business administration, and quantitative methods.
Degree offered: Master of Science (MSc)
Language: English proficiency at C1 level (IELTS Academic: 7.0 or TOEFL iBT: 5.0 in each section). German language skills at A2 level are recommended but not required for proof.
Instruction: English (with four modules optionally taught in German)
- Advanced knowledge of quantitative methods, including mathematics, statistics, and econometrics.
- Strong analytical and problem-solving skills in economics.
- Proficiency in English for academic work and research.
- Ability to work independently and conduct original research.
- Familiarity with theoretical and empirical economic models.
- Applicants must have a Bachelor’s degree with a GPA equivalent to 1.0–2.9 on the German grading scale.
- No nationality restrictions; open to applicants from all countries.
- No age restrictions.
- No prior work experience required.
Funding & terms
Programme and admissions
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How to apply
Deadline: 15 October – 15 January (summer semester) or 15 April – 15 July (winter semester)
Applicants must submit their application through the uni-assist portal. Required documents include a completed application form, proof of degree, transcripts, a letter of motivation, and proof of English proficiency. Additional requirements may include a CV and letters of recommendation. Detailed instructions are available on the programme’s website.
- Completed application form
- Proof of Bachelor’s degree (or equivalent)
- Transcripts of academic records
- Letter of motivation
- Proof of English proficiency (IELTS/TOEFL)
- CV (Curriculum Vitae)
- Letters of recommendation (if required)
Contact
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